Top hotel brands among recipients of €1.4bn in State fees during first nine months of 2024
The latest quarterly figures published by the Department of Integration show the fees paid to Tetrarch Capital firm, Cape Wrath UC, covering July to the end of September, brings to €51.27 million the amount it received for the first nine months of last year.
Over the three-month period, the department paid €265 million for IP applicant accommodation, an 11 per cent increase on the €239 million during the previous March to June quarter.Conversely, the cost of accommodating Ukrainians has reduced — €210 million was paid for the three months to the end of September, compared to €254 million for the prior three-month period, down 17 per cent.
Travelodge Hotels received €5.74 million for the third quarter while Holiday Inn Dublin Airport received €8.23 million. Tifco, the owner of Travelodge in Ireland, received €3.34 million for housing IP applicants during the quarter. Dublin firm, Winward Management Ltd, owned by hotelier Patrick Coyle, received €5.5 million for accommodating Ukrainians.
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